STOCKHOLM — Veoneer expects that it returned to natural gross sales development within the fourth quarter of 2020 and sees development accelerating in 2021, the corporate mentioned in a statement on Thursday.
The Swedish maker of imaginative and prescient methods, radar and software program for superior driver-assistance methods (ADAS) additionally mentioned it estimated the present worth of its order e-book for 2020 at roughly $14 billion.
The corporate mentioned its new order consumption for 2020 corresponded to a median annual worth of round $530 million, of which 65 % is from energetic security merchandise.
Veoneer mentioned it estimated its share of energetic security orders for 2020 to be about 15 %, above its present market share by gross sales.
Veoneer will current its earnings report for the fourth quarter on Feb. 3.